Product ID: UCMIG35H2261
Report ID:
UCMIG35H2261 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for biomarkers related to thrombosis and hemostasis had a total worth of USD 5.01 billion in 2022 and is projected to experience a compounded annual growth rate (CAGR) of 5.9% between 2023 and 2030. This expansion can be attributed to the rising incidence of chronic ailments like pancreatic cancer, the expanding elderly population, an increasing demand for tailored medicines, and advancements in technology. Furthermore, the market benefited from the impact of the COVID-19 pandemic, as it heightened awareness and created fresh opportunities for market participants. Biomarker tests for thrombosis not only aid in determining treatment for high-risk patient groups but also contributed to the market's growth by facilitating the screening of thrombosis risk in COVID-19 patients through D-Dimer biomarker tests.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Biotechnology by segment aggregation, the contribution of the Biotechnology in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG35H2261